10-Q Filing

SAIA INC CIK: 1177702 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-457307`
Period End Date	20120930
Filing Date	20121107
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	saia-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 80 Cash Flow Statement 39

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$804.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$124.82M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$107.44M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$34.06M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$31.11M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$142.82M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$156.74M	USD	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$722.13M	USD	Point-in-time
Property and Equipment, at cost	`PropertyPlantAndEquipmentGross`	$669.35M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.94M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.04M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.04M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$344.89M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.94M	shares	Point-in-time
Less-accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$353.33M	USD	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	140,201.00	shares	Point-in-time
Deferred compensation trust	`CommonStockDeferredCompensationShares`	139,324.00	shares	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$368.80M	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$324.45M	USD	Point-in-time
Godwill and Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$9.56M	USD	Point-in-time
Godwill and Identifiable Intangibles, net	`FiniteLivedIntangibleAssetsNet`	$1.45M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$6.17M	USD	Point-in-time
Other Noncurrent Assets	`OtherAssetsNoncurrent`	$7.16M	USD	Point-in-time
Total assets	`Assets`	$474.89M	USD	Point-in-time
Total assets	`Assets`	$542.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$52.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$39.78M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.18M	USD	Point-in-time
Wages, vacation and employees' benefits	`EmployeeRelatedLiabilitiesCurrent`	$33.84M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$41.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$41.24M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$22.14M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$22.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$124.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$149.62M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$50.71M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$59.03M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$51.29M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$52.82M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$29.23M	USD	Point-in-time
Claims, insurance and other	`ClaimsInsuranceAndOther`	$32.50M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$131.24M	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$144.36M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 50,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 50,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 16,043,314 and 15,937,821 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 16,043,314 and 15,937,821 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$16.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$206.16M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$203.79M	USD	Point-in-time
Deferred compensation trust, 140,201 and 139,324 shares of common stock at cost at September 30, 2012 and December 31, 2011, respectively	`DeferredCompensationEquity`	$2.23M	USD	Point-in-time
Deferred compensation trust, 140,201 and 139,324 shares of common stock at cost at September 30, 2012 and December 31, 2011, respectively	`DeferredCompensationEquity`	$2.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$44.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$248.28M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$219.30M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$474.89M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$542.26M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Operating Revenue	`SalesRevenueServicesNet`	$268.29M	USD	1 Quarter
Operating Revenue	`SalesRevenueServicesNet`	$834.25M	USD	3 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$777.20M	USD	3 Qtrs
Operating Revenue	`SalesRevenueServicesNet`	$278.02M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$133.46M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$386.87M	USD	3 Qtrs
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$138.53M	USD	1 Quarter
Salaries, wages and employees' benefits	`LaborAndRelatedExpense`	$410.47M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$18.81M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$59.17M	USD	3 Qtrs
Purchased transportation	`PurchasedTransportation`	$23.34M	USD	1 Quarter
Purchased transportation	`PurchasedTransportation`	$69.06M	USD	3 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$233.21M	USD	3 Qtrs
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$75.51M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$76.46M	USD	1 Quarter
Fuel, operating expenses and supplies	`FuelOperatingExpensesAndSupplies`	$221.64M	USD	3 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$28.79M	USD	3 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$29.06M	USD	3 Qtrs
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.45M	USD	1 Quarter
Operating taxes and licenses	`CostOfServicesDirectTaxesAndLicensesCosts`	$9.83M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$18.41M	USD	3 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.77M	USD	1 Quarter
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$21.85M	USD	3 Qtrs
Claims and insurance	`OperatingInsuranceAndClaimsCostsProduction`	$6.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.31M	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$409.00K	USD	3 Qtrs
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$72.00K	USD	3 Qtrs
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-31.00K	USD	1 Quarter
Operating gains, net	`GainLossOnSaleOfPropertyPlantEquipment`	$88.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$258.67M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$261.61M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$785.60M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$755.24M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$16.42M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$9.62M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$48.66M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$21.97M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.94M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.10M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.15M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.19M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$44.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-12.00K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-122.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$142.00K	USD	3 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-1.90M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-2.32M	USD	1 Quarter
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-5.96M	USD	3 Qtrs
Nonoperating expenses, net	`NonoperatingIncomeExpense`	$-8.16M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.30M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.70M	USD	3 Qtrs
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.52M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.81M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$4.91M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$16.06M	USD	3 Qtrs
Income Tax Provision	`IncomeTaxExpenseBenefit`	$5.26M	USD	1 Quarter
Income Tax Provision	`IncomeTaxExpenseBenefit`	$2.48M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$26.64M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$4.83M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$9.26M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$8.90M	USD	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.87M	shares	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.90M	shares	1 Quarter
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.79M	shares	3 Qtrs
Weighted average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.80M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.53M	shares	3 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.16M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.14M	shares	3 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.57M	shares	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.56	USD	3 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$1.68	USD	3 Qtrs
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic Earnings Per Share	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$1.61	USD	3 Qtrs
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted Earnings Per Share	`EarningsPerShareDiluted`	$0.55	USD	3 Qtrs

Cash Flow Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.64M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$27.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.31M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-1.90M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-712.00K	USD	3 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$-13.21M	USD	3 Qtrs
Changes in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$2.06M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$77.42M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.65M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$81.89M	USD	3 Qtrs
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.31M	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$555.00K	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.61M	USD	3 Qtrs
Acquisition of Subsidiary, net of cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.62M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.89M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.75M	USD	3 Qtrs
Repayment of revolving credit agreement	`RepaymentsOfLinesOfCredit`	$262.25M	USD	3 Qtrs
Borrowing of revolving credit agreement	`ProceedsFromLinesOfCredit`	$281.64M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$149.00K	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$637.00K	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$11.07M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$8.57M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.42M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.96M	USD	3 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-25.52M	USD	3 Qtrs
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-513.00K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$804.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.05M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$804.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.32M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.